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Fusion Sheet Metal Limited

13076699

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

78 LOUGHBOROUGH ROAD, QUORN, LE12 8DX
Incorporated 11/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Matthew Bacon

secretary · Since 11/12/2020

Also on 1 other board

Mr Matthew Bacon

director · Since 11/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Matthew Bacon

75–100% shares
75–100% votes

British · United Kingdom · Age 39

Westwood House, 78 Loughborough Road, Loughborough, LE12 8DX

Notified 11/12/2020

Former PSCs

Woodberry Secretarial Limited

Ceased 11/12/2020

CompanyRankvs 1277+ SIC 25620 peers
58

Financial strength53th percentile among SIC peers · 13/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 4.23× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£82k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£109k

Current Liabilities

£26k

1avg. employees

Balance Sheet

Assets less current liabilities£83k
Signed by 13076699 2024-01-01 2024-12-31 13076699 2024-12-31 13076699 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.23+£65k
20234.23

Derived from filed accounts. Not audited figures.